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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by good40on Dec 18, 2011 11:58pm
194 Views
Post# 19333720

RE: RE: More blah blah from good4nothing

RE: RE: More blah blah from good4nothingHere's some advice mombasa1... don't say you have someone on ignore,  and then forget that you said it.  It really makes you look like, well... it makes you look like oilman2011.

I really don't see growth,  not with average production increasing by 1200 bopd and having spent $225 million. They went
from 2300 bopd to 3500 bopd. Someone show their estimates for 2012,  both production average and capex.  Is this going to magically go to 20k bopd ?  Wouldn't you think that they would need those kind of numbers with capital expense so high ?
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